Here's Why Facebook Wants To Spend $1 Billion On Waze, According To Industry Sources Who Are Smarter Than Us - Business Insider: "If Facebook is committed to local search (pretty clearly they are), it would be helpful to have a maps UI in addition to a search UI, particularly one with road data that they can use their platform to make significantly more accurate and valuable. Another example of all the big tech companies grabbing their own maps: last week, Alibaba took a huge stake in AutoNav, a German maps company with strong foothold in China."
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